XML 83 R62.htm IDEA: XBRL DOCUMENT v3.24.0.1
Indebtedness - Narrative (Details)
1 Months Ended 12 Months Ended
Dec. 21, 2023
USD ($)
Dec. 31, 2023
USD ($)
property
Apr. 30, 2023
USD ($)
property
Feb. 28, 2023
USD ($)
Jan. 31, 2023
USD ($)
Oct. 31, 2022
USD ($)
property
Jul. 31, 2022
USD ($)
property
Jun. 30, 2022
Apr. 30, 2022
USD ($)
property
Feb. 28, 2022
USD ($)
Feb. 28, 2021
USD ($)
Feb. 07, 2021
Dec. 31, 2023
USD ($)
property
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Jun. 30, 2023
USD ($)
Jan. 31, 2022
USD ($)
Jun. 30, 2021
USD ($)
Debt Instrument                                    
Repayments of borrowings on revolving credit facility                         $ 700,000,000 $ 100,000,000 $ 0      
Loss on modification or early extinguishment of debt                         2,468,000 30,043,000 2,410,000      
Accrued interest   $ 22,847,000                     $ 22,847,000 29,417,000        
Number of properties owned (property) | property   371                     371          
Redemption of senior unsecured notes                         $ 250,000,000 500,000,000 $ 300,000,000      
Senior Living Communities                                    
Debt Instrument                                    
Number of properties owned (property) | property   2                     2          
Unsecured Debt, Not Guaranteed                                    
Debt Instrument                                    
Principal amount of debt   $ 1,100,000,000                     $ 1,100,000,000          
Senior Unsecured Notes                                    
Debt Instrument                                    
Principal amount of debt   2,100,000,000                     2,100,000,000 $ 2,350,000,000        
Credit Facility | Unsecured debt                                    
Debt Instrument                                    
Unsecured revolving credit facility, maximum borrowing capacity   $ 450,000,000   $ 450,000,000 $ 586,373,000         $ 700,000,000     $ 450,000,000       $ 800,000,000  
Credit facility, interest rate payable (as a percent)   8.40%                     8.40%          
Facility fee                         $ 338,000          
Weighted average interest rate on debt (as a percent)   7.90%                     7.90% 4.50% 2.90%      
Repayments of borrowings on revolving credit facility $ 450,000,000 $ 450,000,000   136,373,000 $ 113,627,000         $ 100,000,000                
Loss on modification or early extinguishment of debt   314,000   $ 1,075,000                 $ (1,389,000)          
Senior Secured Notes Due January 2026 | Secured Debt                                    
Debt Instrument                                    
Principal amount of debt 940,534,000 $ 940,534,000                     $ 940,534,000          
Interest rate (as a percent)   0.00%                     0.00%          
Proceeds from debt 730,359,000                                  
Equity interest in each collateral guarantee                         100.00%          
Accreted value increase rate   11.25%                     11.25%          
Senior unsecured notes due 2025 | Senior Notes                                    
Debt Instrument                                    
Principal amount of debt   $ 500,000,000                     $ 500,000,000          
Interest rate (as a percent)   9.75%                     9.75%          
Senior unsecured notes due 2025 | Senior Unsecured Notes                                    
Debt Instrument                                    
Principal amount of debt   $ 500,000,000                     $ 500,000,000 $ 500,000,000        
Interest rate (as a percent)   9.75%                     9.75%          
Senior unsecured notes due 2031 | Senior Notes                                    
Debt Instrument                                    
Principal amount of debt   $ 500,000,000                     $ 500,000,000          
Interest rate (as a percent)   4.375%                     4.375%          
Senior unsecured notes due 2031 | Senior Unsecured Notes                                    
Debt Instrument                                    
Principal amount of debt   $ 500,000,000                     $ 500,000,000 500,000,000        
Interest rate (as a percent)   4.375%                     4.375%          
Senior Note 4.375 Due 2031 | Senior Unsecured Notes                                    
Debt Instrument                                    
Principal amount of debt                     $ 500,000,000              
Interest rate (as a percent)                     4.375%              
Proceeds from debt                     $ 491,357,000              
Term loan due 2022 | Senior Unsecured Notes                                    
Debt Instrument                                    
Principal amount of debt                     $ 200,000,000              
Loss on modification or early extinguishment of debt                             $ 1,477,000      
Debt instrument, interest rate during period                       2.90%            
Senior Unsecured Notes Due June 2021 | Senior Unsecured Notes                                    
Debt Instrument                                    
Principal amount of debt                                   $ 300,000,000
Interest rate (as a percent)                                   6.75%
Loss on modification or early extinguishment of debt                             $ 370,000      
Accrued interest                                   $ 10,125,000
Mortgage notes 6.28% maturing July 2022 | Medical Office                                    
Debt Instrument                                    
Interest rate (as a percent)                 6.28%                  
Number of properties owned (property) | property                 1                  
Repayments of debt                 $ 10,934,000                  
Mortgage notes 6.28% maturing July 2022 | Senior Living Communities                                    
Debt Instrument                                    
Interest rate (as a percent)             5.75%                      
Number of properties owned (property) | property             2                      
Repayments of debt             $ 15,273,000                      
Senior Unsecured Note Due 2025                                    
Debt Instrument                                    
Interest rate (as a percent)                               9.75%    
Loss on modification or early extinguishment of debt                           29,576,000        
Accrued interest                               $ 1,083,000    
Debt instrument, amount redeemed                               $ 500,000,000    
Redemption price (as a percent)               104.875%                    
Mortgages 4.85 Percent Matured In October 2022 | Life Science                                    
Debt Instrument                                    
Interest rate (as a percent)           4.85%                        
Number of properties owned (property) | property           1                        
Repayments of debt           $ 10,287,000                        
Mortgages                                    
Debt Instrument                                    
Interest rate (as a percent)     6.64%                              
Number of properties owned (property) | property     1                              
Repayments of debt     $ 14,565,000                              
Senior unsecured notes, 4.750% coupon rate, due 2024 | Senior Unsecured Notes                                    
Debt Instrument                                    
Principal amount of debt   $ 0                     $ 0 $ 250,000,000        
Interest rate (as a percent)   4.75%                     4.75%          
Loss on modification or early extinguishment of debt   $ 1,079,000                                
Redemption of senior unsecured notes $ 250,000,000 $ 250,000,000